Daily Archives: February 15, 2012

Save $89,000 in one phone call…

Give yourself a money makeover today. Here is a simple way that could set you on a course to save around $89,000!

Refinance your mortgage

 It’s likely the home loan you took out five years ago is no longer the best deal on the market. Given the recent news of banks lifting their variable mortgage rates, refinancing should be a serious consideration. . Take a look at your current interest rate, fees and other costs and then give me a ring and we can complete a quick comparison for you to see if better deals are available.
Often online mortgage providers or alternative credible lenders (Like ING, or Macquarie etc) can offer much better rates than, say, the big four banks.
EXAMPLE: Switching a 30-year, $300,000 home loan from one that charges 7.63% interest to one that charges 6.39% will save you $89,949 over the life of the loan.
We will need to work out and subtract any costs of exiting the current loan and setting up a new one – and this is all part of the service we offer – to make sure it is financially viable to switch.
In FACT we GUARANTEE it… if there is no financial benefit to you refinancing – then it does not happen…
So – if you would like to know how much you could save – pick up the phone and ring Patrick on 07 3889 9719 or email pat@northbrisbanehomeloans.com.au for a friendly no obligation chat
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